NEW YORK , Sept. 19, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape- The global antioxidant cosmetic products market size is estimated to grow by USD 22.43 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of almost 8.09% during the forecast period. Product innovation and portfolio extension is driving market growth, with a trend towards growing popularity of private-label brands.
However, growing price wars among market vendors poses a challenge. Key market players include Air Liquide SA, Archer Daniels Midland Co., Ashland Inc.
, Barentz International BV, BASF SE, BIOTECNOLOGIAS APLICADAS SL, Camlin Fine Sciences Ltd., Croda International Plc, Eastman Chemical Co., Evonik Industries AG, Givaudan SA, IMCD NV, Industrias Asociadas S.
L., Koninklijke DSM NV, Lonza Group Ltd., LOreal SA, Merck KGaA, NATURAL SOLTER SL, Provital SA, and Wacker Chemie AG.
AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth Private-label antioxidant cosmetic products have gained significant attention among retailers worldwide, with major players introducing their brands to cater to the rising consumer demand. Retailers such as Ulta Beauty sell antioxidant skincare and color cosmetics under their private labels to boost profitability.
Discount stores, focusing on value pricing, have fueled the.